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Working Paper 107 - China, Africa and the International Aid Architecture

07-Jul-2010

The rising prominence of Chinese aid, export credits, and bank finance has aroused both enthusiasm and concern within development circles. Some believe that Chinese practices in official aid, preferential export credits, and other forms of development finance pose a significant challenge to the norms governing the international aid architecture. Others welcome the rise of a new development partner, one with seemingly deep pockets, and suggest that the Chinese might provide new leverage to countries faced with conditionality-based aid advocated by traditional donors. Yet despite the intense interest, debates over the impact of China as a donor and financier have largely taken place with very little information.